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3 mins read

US Treasury Secretary Yellen reaffirms June 1 as hard deadline to raise the debt ceiling

"I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in e…

ANI   


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What Happens If The US Hits The Debt Ceiling And Defaults

Insider correspondent Eliza Relman says that if the US defaults on its debt, it would affect public…

Business Insider Latest Story Image
1 min read

US stocks climb as optimism on debt-ceiling negotiations grows

House Speaker Kevin McCarthy said Tuesday that it's "possible to get a deal by the end of the week."

Phil Rosen   


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2 mins read

US stocks fall ahead of renewed debt ceiling talks in Washington

Treasury Secretary Janet Yellen warned that "time is running out" and that the debt ceiling showdow…

Matthew Fox   


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2 mins read

US stocks slide as traders wait for lawmakers to vote on debt ceiling deal

Investors were jittery as they awaited for lawmakers to vote on a potential resolution to the debt …

Jennifer Sor   


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1 min read

Oil prices slide 5% amid skepticism the debt-ceiling deal holds

"Oil prices remain stuck while awaiting the response from Congress on the debt ceiling deal," Saxo …

Carla Mozée   


Business Insider Latest Story Image
2 mins read

Biden and McCarthy reach tentative debt ceiling deal, avoiding national default

After contentious and protracted negotiations, the debt ceiling agreement helps steer the country a…

Katherine Tangalakis-Lippert   


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1 min read

AOC dunks on McCarthy over debt ceiling negotiations as Democrats consider forcing a vote on increasing the debt limit

AOC said in a tweet that House Speaker Kevin McCarthy doesn't know "how many votes he has on what,"…

Lloyd Lee   


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2 mins read

US stocks climb as Wall Street hopes debt ceiling deal is in sight

"The Bulls are back in the driver's seat on the heels of investor optimism over a likely debt ceili…

Carla Mozée   


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2 mins read

One awkward photo sums up how the debt ceiling negotiations are going

President Joe Biden met with congressional leaders on Tuesday but still failed to secure a solution…

Erin Snodgrass,Ayelet Sheffey   


Business Insider Latest Story Image
2 mins read

US stocks edge higher as investors await updates on debt ceiling negotiations

The S&P 500 finished higher after two sessions in the red and after weekly back-to-back losses. Tra…

Carla Mozée   


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2 mins read

Here are the top-performing stock market sectors in a debt ceiling showdown

Morgan Stanley says 1996, 2011, and 2013 debt-ceiling negotiations offer a partial comparison to ho…

Carla Mozée   


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2 mins read

US stocks trade mixed as investors assess progress on debt ceiling talks

Treasury Secretary Janet Yellen said she sees progress being made in deliberations about raising th…

Carla Mozée   


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5 mins read

This debt-ceiling fight is different — and it means we could actually default this time

The US is hurtling toward the debt ceiling. Economic catastrophe could strike as soon as June 1, an…

Juliana Kaplan,Ayelet Sheffey,Eliza Relman   


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2 mins read

US stocks trade mixed after debt ceiling deal and ongoing AI frenzy

The debt ceiling deal would raise the debt ceiling until January 2025 and includes various spending…

Matthew Fox   


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2 mins read

Billionaire investor Howard Marks warns about dollar risks, loan defaults, and debt-ceiling fights in a new interview. Here are the 8 best quotes.

Howard Marks cautioned against trying to predict the market, noted every investor makes mistakes, a…

Theron Mohamed   


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2 mins read

US stocks slide as Washington lacks movement on reaching a debt-ceiling agreement

Investors were anxious Tuesday with no word on a debt-ceiling deal. "It's a slow walk," Rep. Patric…

Carla Mozée   


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2 mins read

Fitch downgrades US credit rating citing 'steady deterioration' of US governance amid frequent debt ceiling battles

The sudden downgrade comes after yet another tumultuous battle over the debt ceiling, which narrowl…

Brent D. Griffiths,Juliana Kaplan   


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1 min read

US stocks trade mixed as Biden and McCarthy are due to meet on debt-ceiling talks

Lawmakers are still scrambling to avoid a national default, and JPMorgan warned Monday that stocks …

Phil Rosen   


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3 mins read

White House insists debt ceiling be dealt without conditions

In the last administration, the Democrats and Republicans were able to deal with the debt limit…

PTI